Stocks to buy on Friday: Jio Financial, APL Apollo, 3 more scrips offer up to 16% upside
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With stock markets closed today on account of the Christmas holiday, investors may consider tracking these five stocks recommended by various brokerages ahead of the resumption of trade on Friday. Jio Financial Services stands out as a Christmas pick with an upside potential of 16%, while APL Apollo, CEAT, Godrej Consumer Products, and Belrise Industries also offer short-to-medium-term upside of up to 16%. Take a look! Buy Jio Financial at Rs 300.5 | Upside: 16% Target: Rs 335-350 Jio Financial Services is a Christmas pick by Choice Broking. It has shown notable strength after consolidating within a defined range and forming a solid base, indicating steady accumulation and improving demand at lower levels. It is forming a Flag & Pole pattern on the weekly chart, which typically signals trend continuation and suggests potential for an upside breakout once the consolidation phase ends. Support is placed near Rs 285. (Sumeet Bagadia, Cho...